Prabesh Raut
Newbie
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Activity: 17
Merit: 0
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February 01, 2018, 07:02:39 PM |
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All the hype/bitcoin fad is gone from the general public. People getting in now & hodlers will be the ones that reap the benefits coming up in 2018!
Be greedy now that others are fearful
$BTC $LTC $TRX $XVG $XLM $XRB $XRP #BTC #cryptocurrency
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wxxyrqa
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February 01, 2018, 08:14:56 PM |
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for me personally if something like that has been said, I will hold it for a certain time until its price recovers, and before that happens I buy at the time the price goes down, and keep all of it and then I wait until the price goes up, but if you want reduce the loss you can sell it, then wait until the price is really low then buy it back, and then hold it until the price goes up, in the trade it's all we can not predict, but as good as you be patient and always see the market movement and graph there is, before you want to decide to buy or sell
the question is certainly ambiguous and it is very difficult to answer it. What to do when prices fall? And what can you do? It is necessary to wait when the prices will rise to that level, When you can sell your coins. But the circumstances in life are forced to sell their coins at very low prices, because as always, finance is very necessary. Thus, each person has his own views on the situation and everyone comes out of these problems in his own way.
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vinz7229
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February 03, 2018, 02:39:26 PM |
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depending on the situation, for now, I chose to sell altcoin and hold fiat, because my prediction btc can still go down to $ 4000.
and I will monitor the situation, and buy back if the price has reached my target
For me I just hold my altcoin and Bitcoin, this is usually happen even before, this is the right time to test your self if you can handle your emotions, most of the time new traders get panic if they saw Bitcoin is continue falling down, they end up selling their alt coins which is bad, if you still have funds for your other transaction just let your coins in your wallet, I assure after dumping, there is always pumping maybe not today but for the coming months,
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vasrasus
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February 03, 2018, 03:53:28 PM |
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depending on the situation, for now, I chose to sell altcoin and hold fiat, because my prediction btc can still go down to $ 4000.
and I will monitor the situation, and buy back if the price has reached my target
For me I just hold my altcoin and Bitcoin, this is usually happen even before, this is the right time to test your self if you can handle your emotions, most of the time new traders get panic if they saw Bitcoin is continue falling down, they end up selling their alt coins which is bad, if you still have funds for your other transaction just let your coins in your wallet, I assure after dumping, there is always pumping maybe not today but for the coming months, hoping by next quarter everything will be went well, lets hope no more fudders around who will makes newbies panic, btc just needs to lie low for now to balance the market. we will see it soon arise and make another ATH like it always did after it falls.
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Souldream
Legendary
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Activity: 1110
Merit: 1000
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February 03, 2018, 04:20:37 PM |
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depending on the situation, for now, I chose to sell altcoin and hold fiat, because my prediction btc can still go down to $ 4000.
and I will monitor the situation, and buy back if the price has reached my target
For me I just hold my altcoin and Bitcoin, this is usually happen even before, this is the right time to test your self if you can handle your emotions, most of the time new traders get panic if they saw Bitcoin is continue falling down, they end up selling their alt coins which is bad, if you still have funds for your other transaction just let your coins in your wallet, I assure after dumping, there is always pumping maybe not today but for the coming months, I did the same thing too when price are goes down I prefer to hold my coin and wait for the increasing of price. I already used to this situation since I have been in this kind of world way back 2015, so I learned from my past experience to not panic when like this situation is happening, and have patience too.
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Emperor of Man
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February 03, 2018, 04:36:29 PM |
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People usually: - Take short positions - Hedge into something (in crypto, they usually hedge into USD and other fiats) - Buy stuff to sell when the market goes bullish - Do nothing and wait My personal preference is the 3rd and 4th options. Short margins sometimes betray you bad! Also tried the second choice a few times and it sometimes fails. So nowadays I just wait it out, or if the price is near the bottom I buy things.
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Gobeller
Member
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Activity: 156
Merit: 10
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February 03, 2018, 04:46:27 PM Last edit: February 03, 2018, 05:17:59 PM by Gobeller |
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depending on the situation, for now, I chose to sell altcoin and hold fiat, because my prediction btc can still go down to $ 4000.
and I will monitor the situation, and buy back if the price has reached my target
For me I just hold my altcoin and Bitcoin, this is usually happen even before, this is the right time to test your self if you can handle your emotions, most of the time new traders get panic if they saw Bitcoin is continue falling down, they end up selling their alt coins which is bad, if you still have funds for your other transaction just let your coins in your wallet, I assure after dumping, there is always pumping maybe not today but for the coming months, I did the same thing too when price are goes down I prefer to hold my coin and wait for the increasing of price. I already used to this situation since I have been in this kind of world way back 2015, so I learned from my past experience to not panic when like this situation is happening, and have patience too. Nothing special is needed. Calming down a bit is the best thing help you during market fall. This help you think more accurately about your further and next strategy. And minimizes the risk.
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RoftheN
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February 03, 2018, 05:44:08 PM |
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Do your research first. See what top traders are thinking about the particular coin. If there is no hope, then trade it for something better. But if there is any chance that prices would go high, you should just wait.
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Tungsten-1
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February 03, 2018, 05:47:14 PM |
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depending on the situation, for now, I chose to sell altcoin and hold fiat, because my prediction btc can still go down to $ 4000.
and I will monitor the situation, and buy back if the price has reached my target
For me I just hold my altcoin and Bitcoin, this is usually happen even before, this is the right time to test your self if you can handle your emotions, most of the time new traders get panic if they saw Bitcoin is continue falling down, they end up selling their alt coins which is bad, if you still have funds for your other transaction just let your coins in your wallet, I assure after dumping, there is always pumping maybe not today but for the coming months, I did the same thing too when price are goes down I prefer to hold my coin and wait for the increasing of price. I already used to this situation since I have been in this kind of world way back 2015, so I learned from my past experience to not panic when like this situation is happening, and have patience too. Nothing special is needed. Calming down a bit is the best thing help you during market fall. This help you think more accurately about your further and next strategy. And minimizes the risk. What will you do when the market will go up? If you will sell the currency when market will go up, then you must purchase once the market is going down. Bitcoin almost touched $20 k and it came back, so if you have already earned some profit from that then just stay relax and wait for some time because it will surely bounce back with more profit. If you are not a day trader, then just forget about the market and concentrate on your profession for some time as a distraction.
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Cryptolord55
Newbie
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Activity: 71
Merit: 0
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February 03, 2018, 05:49:30 PM |
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If the price falling just hodl, don't panic and have a trust to the coin that you hold it will rise again. Hopefully
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Widgetloxz
Newbie
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Activity: 17
Merit: 0
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February 03, 2018, 05:52:43 PM |
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Traders usually don't just watch the price move, they also watch where it moves to and base it on historical data. In other words, they watch for significant price levels which server as either support or resistance.
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quirijn de greef
Newbie
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Activity: 20
Merit: 0
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February 03, 2018, 07:55:17 PM |
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The smartest way to do when prices is falling is to catch it. Take the opportunity to buy some more. Just be sure that the coin will recover lately.
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vinz7229
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February 04, 2018, 02:47:59 AM |
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If the price falling just hodl, don't panic and have a trust to the coin that you hold it will rise again. Hopefully That's true, take the good opportunity to buy a lot of coins so that by the time that Bitcoin pump up again, it would be a grateful investment for you, that how trading it works, buy low and sell high. But it should always consider your profit, if it is profitable to sell or not.
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Jetpistul
Jr. Member
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Activity: 54
Merit: 1
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February 04, 2018, 02:54:22 AM Last edit: February 04, 2018, 10:15:30 AM by Jetpistul Merited by Dilladupak (1) |
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If I think when the price drops, I buy more coins, because now with the cheap price, after that I survive for several months, I will sell it for a high price. so I get more profit.
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kickcity ● Connecting People Through Reward-Based Communities on Blockchain ● 1st (http://ico.kickcity.io)
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Wyne
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February 04, 2018, 03:10:52 AM |
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Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
When the bitcoin and altcoin price is falling and my investment dropped down and I encountered losses, the first step I did is to calm myself. I remind myself not to panic because it is part of the whole picture. Then, I consider it perfect time to add my bitcoin and altcoin possession so I start buying. If you sell bitcoins or altcoins during red days, you will just end up as a loser leaving you no chance to recover your losses. On the other hand, if you keep holding even bitcoin or altcoin is on red days, you have the chance of earning what you have loss when its value bounce back. Just have patience and everything will fall into right places.
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Alexis.Nick
Jr. Member
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Activity: 84
Merit: 2
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February 05, 2018, 03:35:27 AM |
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Need to keep calm because it is normal with trading. But the same time read some articles about the current situation for us also to know what really is happening out there.
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⚫ ContractNet.com ⚫ At the intersection of Blockchain, IOT & SMART CONTRACTS ████████████ [ JOIN ICO ● 10th MARCH ] ████████████
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spiderm4n15
Member
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Activity: 168
Merit: 15
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February 05, 2018, 03:57:03 AM |
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For the most part day to day bitcoin fluctuations seem to be the result of rumor. China bans bitcoin! No it didn't! Yes it did!
There are also some curious correlations between bitcoin on some of the exchanges with events in Russia. One thing that I'm trying to do is to do some wavelet/Fourier analysis to separate the different drivers of bitcoin prices.
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Destnhel
Newbie
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Activity: 123
Merit: 0
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February 05, 2018, 06:49:31 AM |
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As the price of BTC falls, I just keep calm and wait for further changes. I don't panic, neither pull off all of the investments I made. I just stay still, since I knew for sure that it will soon be back to normal.
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JesVarez
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February 05, 2018, 06:50:30 AM |
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HODL. Just wait for the prices to go back up. Prices for every alt is really cheap right now, so look to make some other investments elsewhere.
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btcmegastar
Member
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Activity: 700
Merit: 12
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February 05, 2018, 07:12:30 AM |
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The only choices, we have to hold the coin you bought previously and buy more coin when the coin is at dips. In this way, you can make more money when the price of coin increases in the market.
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